April 18, 2019

Mondelez taps EDC to power manufacturing plant in Parañaque

By Lenie Lectura – April 18, 2019 from Business Mirror MONDELEZ Philippines, the local unit of global snack giant Mondelēz International Inc., has tapped Energy Development Corp. (EDC) to supply power in its company’s manufacturing plant in Sucat, Parañaque City. […]
April 3, 2019

First Gen obtains approval to raise capital to P11.6b

By Alena Mae S. Flores – April 02, 2019 from manilastandard.net The Securities and Exchange Commission approved an increase in the capital stock of First Gen Corp. to P11.6 billion from P8.6 billion through the creation of 300 million Series […]
March 25, 2019

FGen set to sign definitive agreement with Tokyo Gas

By Myrna M. Velasco – March 24, 2019, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation will ink next a definitive agreement with partner Tokyo Gas Co. Ltd. before they could finally proceed into the construction phase of their […]
March 22, 2019

First Gen’s recurring net income up 51% to US$243 M in 2018

By Myrna M. Velasco – March 21, 2019, 10:00 PM from Manila Bulletin With brisk sales from its gas-fired power assets, First Gen Corporation logged record-high increase of 51 percent on its recurring net income (RNI) to US$243 million last […]